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    585-599 Lighthouse Ave Monterey, CA 93940

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    For Sale
    $2,200,000

    Retail properties on Lighthouse Ave, Monterey, CA for sale.

    Property size:
    5,049 SF
    Lot size:
    0.41 Acres

    Property Features for 585-599 Lighthouse Ave

    General Information

    Size
    5,049 SF
    Lot size
    0.41 Acres

    Source: Mahoney & Associates Commercial Real Estate Agent Patrick Stafford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lighthouse Avenue Retail Opportunity

    The properties located at 591-599 Lighthouse Ave and 585 Lighthouse Ave, Monterey, CA, offer a combined building size of approximately 5,049 square feet. The parcel at 591-599 Lighthouse Ave (APN 001-065-001) features a building of approximately 3,512 square feet on a lot of about 6,000 square feet. The parcel at 585 Lighthouse Ave (APN 001-065-010) includes a building of approximately 1,537 square feet, also situated on a lot of approximately 6,000 square feet. Additionally, the parcel at 584 Hawthorne Ave (APN 001-065-017) has a lot size of approximately 6,000 square feet. The zoning for the Lighthouse Avenue properties is PC-LH-CB1, while the Hawthorne Avenue property is zoned R-3-5.
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monterey
    County
    Monterey
    State
    California
    Longitude
    -121.9017328
    Latitude
    36.6132344

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    FAQs

    What type of property is this?
    Retail property - Retail properties on Lighthouse Ave, Monterey, CA for sale.
    Where is this retail property located?
    The property is located at 585-599 Lighthouse Ave Monterey, CA.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - Multiple Parcels: Includes three parcels.; - Significant Building Size: Features a ±3,512 SF building at 591-599 Lighthouse Ave.; - Additional Building: Includes a ±1,537 SF building at 585 Lighthouse Ave.
    (831) 238-3592
    Request Owner's contact information
    585-599 Lighthouse Ave Monterey, CA 93940
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    Monterey, CA 93940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    585-599 Lighthouse Ave Monterey, CA 93940
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